In 2023, the production of sandeels and sandlances in capture fisheries in France stood at 104.5 thousand Euros. The forecasted data indicated a consistent decline over the five-year period from 2024 to 2028. The year-on-year decline observed is significant, with the value dropping from 88.22 thousand Euros in 2024 to 24.6 thousand Euros by 2028.
The year-on-year percentage decrease between 2024 and 2025 is approximately 18.32%, and between 2025 and 2026 is around 22.2%. This trend continues with a further decline of about 28.19% from 2026 to 2027. A substantial drop of 38.92% is projected from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period projects an average annual decline of 31.3%.
Future trends to watch for include the on-going decline in capture fisheries due to potential overfishing, regulatory changes, and environmental shifts. Innovations in sustainable fishing practices and alternative sources may impact future production dynamics.
